(WEB) Westbridge Energy - Ratings and Ratios

Westbridge Renewable Energy Corp. specializes in the development and acquisition of solar photovoltaic (PV) projects across North America and Europe. The company has a diversified portfolio of utility-scale solar projects, including the 221MWp Accalia project in Texas, the 332MWp Sunnynook project in Alberta, and the 250MWac Dolcy project, also in Alberta. These projects are complemented by the Eastervale (300MWac) and Red Willow (295MWac) developments in Alberta, as well as smaller-scale initiatives like the Gierre Solare (32MW) and NM Solare (30MW) projects. The integration of battery energy storage systems (BESS) across multiple projects underscores the company’s commitment to grid stability and renewable energy reliability. Westbridge Renewable Energy Corp. operates under a revised corporate strategy since its rebranding in September 2022, reflecting its heightened focus on sustainability and clean energy solutions. Headquartered in Vancouver, Canada, the company is strategically positioned to capitalize on the growing demand for solar energy in key markets.

The company’s project pipeline is heavily concentrated in Alberta, Canada, which benefits from favorable renewable energy policies and high solar irradiance levels. The inclusion of BESS in projects like Sunnynook (100MW) and Dolcy (100MW) highlights Westbridge’s efforts to address intermittency challenges and enhance the dispatchability of its solar assets. The Accalia project in Texas, spanning 1,120 acres, is particularly notable given the state’s robust solar growth trajectory. Westbridge’s portfolio diversification across jurisdictions mitigates regulatory and operational risks, while its focus on large-scale projects positions it as a significant player in the renewable energy sector.